SOLD – St. Francis Marketplace

4519 Woodruff Rd, Columbus, GA 31904

Corporate Planet Fitness anchored center
Planet Fitness is ranked #2 in the region
Roof under warranty
Recent 5-year renewals for Planet Fitness and Kool Smiles, solidifying 40% of the rental income for the next 5 years
Only 5 tenants have options remaining, allowing for Landlord flexibility
88% occupied provides NOI growth through lease up
Attractive vacancy with end cap with drive thru available for lease
Staggered lease expirations mitigate vacancy risks, with no more than 4 tenants expiring in any year for the next 5 years
Tenants representing 64% of GLA have been located at the center for over 10 years
Rent A Center has been located at the center for 28 years
Located along primary corridor in Columbus
High traffic volumes:
Manchester Expy: 36,772
Woodruff Rd: 10,706
Major Employer across the street, St. Francis- Emory Hospital with over 1,700 employees
Strong population with 165,000 in 5 miles
Strong incomes with HHI of $66,225 in 5 miles
Columbus, GA population growing at 3x the rate of the USA
Columbus is home to the US Army’s Fort Moore with over 36,000 military and civilian employees and a $4.75B economic impact to the region